Posted by Johnzhang > 2021-12-23 17:38 | Report Abuse

Aluminium price is surging this week. Will be good for LBA

Posted by gurumaster999 > 2021-12-27 17:02 | Report Abuse

why didnt up??????????

Posted by Jayson4896 > 2021-12-28 23:04 | Report Abuse

Today up liao...

Posted by Jayson4896 > 2022-01-05 16:55 | Report Abuse

Please fly to the moon...

Posted by ket4212 > 2022-01-05 17:08 | Report Abuse

tomolo will fly

Posted by SMInvest > 2022-01-05 23:25 | Report Abuse

PMB Tech gets more energy to power expansion

KUCHING: PMB Technology Bhd has secured an additional supply of 25-megawatt (MW) electricity from Syarikat Sesco Bhd to power the production expansion of its metallic silicon plant in Samalaju Industrial Park in Bintulu, Sarawak.

Its wholly-owned subsidiary PMB Silicon Sdn Bhd entered into a legally binding term sheet with SESCo last week, which would be formalised with an agreement later to revise the amended and restated power purchase agreement to, inter alia, increase the existing supply of electricity at its metallic silicon plant from 104MW to 129MW.

PMB Tech said the additional electricity supply is due to an expansion of operations at the silicon facility.

PMB Tech is an associate of Press Metal Aluminium Holdings Bhd, which is South-East Asia’s largest integrated aluminium producer. PMB Tech diversified into the manufacturing of metallic silicon with an investment of some RM320mil in Phase 1 of the plant with an annual production capacity of 36,000 tonnes in 2018.

Metallic silicon, according to the company, is a vital raw material with a compounded annual growth of 4% globally.

PMB Tech’s earnings have received a major boost this year, thanks to the strong metallic silicon prices. In the first nine months to September 2021, PMB Tech’s group net profit soared to RM45.5mil from RM11.8mil a year ago, as revenue climbed to RM542.8mil from RM409mil.

According to CEO Koon Poh Ming, the price of metallic silicon has risen to a record high, as the commodity market has reacted positively to the fast recovery of the world economy from the effects of the Covid-19 pandemic.

He said the surge in the metallic silicon price was primarily caused by the initiative of the Chinese government to cut back on the power supply as well as tightening of environmental control in China.

However, the company expects the record high metallic silicon price to correct by itself and stabilise in the near future.

With the recent encouraging commodities market, Koon said the group is expected to benefit from the positive movement in the price of metallic silicon after offsetting higher logistics, raw material and operating cost.

He said the group’s other aluminium businesses are gradually moving into the positive position.

The group is into manufacturing of aluminium access equipment, marketing and trading of other related products while its construction and fabrication segment is involved in contracting, designing and fabrication of aluminium curtain wall, cladding system and system formwork.

Posted by ket4212 > 2022-01-06 19:02 | Report Abuse

hold tight will slowly fly high

Posted by Jayson4896 > 2022-01-07 09:25 | Report Abuse

Aiyo... already sold partially...
Rugi lah...

Posted by FSMY2020 > 2022-01-10 11:47 | Report Abuse

What is the prediction on LBA in the short term?

Posted by i3lurker > 2022-01-30 13:57 | Report Abuse

no worries

this company not affected coz they use fusion power

Posted by Johnzhang > 2022-02-07 21:10 | Report Abuse

LBA will perform well amid Aluminium price going higher when China’s production is slowing

Posted by Johnzhang > 2022-02-08 21:12 | Report Abuse

Aluminium price is at record high today ! Good for LBA and Alcom

Posted by Johnzhang > 2022-02-10 04:53 | Report Abuse

Aluminum increased 492.50 USD/Tonne or 17.54% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Posted by amateurJR > 2022-02-10 16:18 | Report Abuse

play sikit sikit for short term. haha

Posted by Johnzhang > 2022-02-10 20:33 | Report Abuse

The LME three-month aluminum price surged to a record high of $3,325 per tonne in February, as strong demand and limited output have pushed inventories to critical levels. Smelters in Europe reduced production due to the high energy cost, while coronavirus-related restrictions disrupted China's output. As a result, metal stocks in the LME warehouses have tumbled to 768,250 tonnes, their lowest level since February 2007. .

Posted by beatme > 2022-02-16 21:09 | Report Abuse

...thought it would rise

Posted by jeremylin > 2022-02-16 22:40 | Report Abuse

Bila mao naik?

Posted by cK1973 > 2022-02-19 09:54 | Report Abuse

Good morning guys,
Hope u all have made some profits from this counter.
As aluminium price is rising and shortage of workforce in the market, we hope that the price of this share will grow further.
If it drop back to below 45, personally i think it will be a good entry point .
Good luck guys

Posted by beatme > 2022-02-19 13:19 | Report Abuse

1st TP 0.60 at resistance line

Posted by winlast > 2022-02-23 14:55 | Report Abuse

Nanti lonjak tinggi ke arah 60 sen kue

Posted by winlast > 2022-02-23 17:09 | Report Abuse

Tomorrow rebound

Posted by madx74 > 2022-02-28 10:43 | Report Abuse

Keep dreaming guys / gals, this will never fly...

Posted by cK1973 > 2022-03-01 15:13 | Report Abuse

Waiting at 0.40. Waiting n waiting. Never chase high.

Posted by nicholas99 > 2022-03-03 09:11 | Report Abuse

Aluminium surges to record high on fears over Russian supplies
https://www.reuters.com/markets/europe/lme-aluminium-nickel-firm-russia-ukraine-tensions-escalate-2022-02-24/

Posted by nicholas99 > 2022-03-03 09:17 | Report Abuse

Aluminium jumps to record on fears logistics issues will hurt supply
https://www.reuters.com/markets/europe/nickel-prices-gain-sanctions-russia-raise-supply-concerns-2022-03-02/

Posted by Sansing > 2022-03-03 15:28 | Report Abuse

Timber stocks will follow suit . So also buy WTK before its lompat!

Posted by Anaconder > 2022-03-03 15:31 | Report Abuse

Today confirmed LBA is in uptrend mode

Posted by Anaconder > 2022-03-03 15:32 | Report Abuse

Strong buy

Posted by Sansing > 2022-03-03 15:39 | Report Abuse

Wow! heavy parking at 59 sen

Posted by Sansing > 2022-03-03 15:40 | Report Abuse

59 sen also sapu

Posted by ssky507 > 2022-03-03 15:49 | Report Abuse

will break 0.60 later... going high soon... 0.70 should be no problem

Posted by Sansing > 2022-03-03 15:58 | Report Abuse

I think LBA making huge profit from its recently installed new up to date advance machinery

Posted by cctan88 > 2022-03-03 16:05 | Report Abuse

I think so also.
their qr should be good judging by today run

Posted by tahong > 2022-03-03 16:42 | Report Abuse

Tomolo I think gap up , got bullets hood lah!

Posted by carimakan > 2022-03-04 10:23 | Report Abuse

adoi.. one day show ja ka?

Posted by hoot9e996 > 2022-03-04 10:38 | Report Abuse

hard to say, yesterday up so much, retrace back a little normal but hope dont fall too much

Posted by joryus4855 > 2022-03-04 10:50 | Report Abuse

wtf, up to 0.62 and then drop to 0.58 within 1 hour

Posted by carimakan > 2022-03-04 11:20 | Report Abuse

time tu de moon!

Posted by joryus4855 > 2022-03-04 15:14 | Report Abuse

run at 0.6 lo, earn little enough la, cukup makan nasi lemak liao :)

Posted by PatienceWin > 2022-03-04 18:23 | Report Abuse

lucky manage to get some meat here, PA can't even move when aluminium price up lol

Posted by Anaconder > 2022-03-06 11:58 | Report Abuse

Just warmed up, hold tight if want to make more

Posted by Sansing > 2022-03-07 09:18 | Report Abuse

Lai leow ! let jump into the wagon

Posted by wayne2738 > 2022-03-07 16:05 | Report Abuse

apa terjadi .55?

Posted by devshinoda > 2022-03-08 09:23 | Report Abuse

Party over????

Posted by RockerArm > 2022-03-08 10:51 | Report Abuse

I think not over bro! Got bullets buy

Posted by lamy92 > 2022-03-08 10:58 | Report Abuse

Releks guys.. Rest before continue fly high

Posted by YUSOFAMY > 2022-03-08 12:09 | Report Abuse

how about the aluminium price....

Posted by aa9898111 > 2022-03-08 15:06 | Report Abuse

drop drop drop

Posted by devshinoda > 2022-03-08 21:33 | Report Abuse

Let's see tomorrow...

Posted by aa9898111 > 2022-03-09 12:09 | Report Abuse

0.45 coming